세계의 엘리베이터 현대화 시장 보고서(2025년)

Elevator modernization is the thorough process of updating existing elevator systems by replacing outdated mechanical and electrical parts with advanced technologies to improve overall functionality and performance. This process focuses on enhancing operational efficiency, ensuring compliance with regulations, and extending the elevator's lifespan without requiring a full replacement.

The primary types of modernizations in elevator modernization include equipment upgrades, control system improvements, safety enhancements, aesthetic refurbishments, and energy efficiency retrofits. Equipment upgrades consist of replacing or upgrading essential components such as motors, doors, cables, or braking systems to boost reliability and performance. These upgrades are applicable to various elevator types, including traction and hydraulic elevators, and incorporate technologies like IoT-enabled systems, smart controls, AI and machine learning applications, telematics and monitoring solutions, and energy management systems. The key end users are residential and commercial buildings, industrial sites, healthcare facilities, and the hospitality industry.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sharp hike in U.S. tariffs and the associated trade disputes in spring 2025 are notably impacting the aerospace and defense sector by raising costs for titanium, carbon fiber composites, and avionics materials largely sourced from global suppliers. Defense contractors, locked into fixed-price government contracts, absorb these added costs, while commercial aerospace firms face airline pushback on higher aircraft prices. Delays in component shipments due to customs bottlenecks further disrupt tight production schedules for jets and satellites. The industry is responding by stockpiling critical materials, seeking waivers for defense-related imports, and collaborating with allied nations to diversify supply chain.

The elevator modernization market research report is one of a series of new reports from The Business Research Company that provides elevator modernization market statistics, including elevator modernization industry global market size, regional shares, competitors with an elevator modernization market share, detailed elevator modernization market segments, market trends and opportunities, and any further data you may need to thrive in the elevator modernization industry. This elevator modernization market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The elevator modernization market size has grown strongly in recent years. It will grow from $13.12 billion in 2024 to $14.13 billion in 2025 at a compound annual growth rate (CAGR) of 7.7%. The growth during the historic period can be credited to a rise in the number of tall buildings, expanding urban populations, stricter government regulations and standards, increased demand from residential and commercial sectors, and a boost in construction activities.

The elevator modernization market size is expected to see strong growth in the next few years. It will grow to $18.85 billion in 2029 at a compound annual growth rate (CAGR) of 7.5%. The growth projected for the forecast period is driven by the rising number of high-rise developments, increasing property values, growing tenant expectations, a greater demand for elevator modernization, and an increase in green building certifications. Key trends during this period include LED-based cabin lighting systems, predictive maintenance algorithms, solar-powered elevator integration, AI-driven traffic management, and facial recognition with personalized features.

The growing number of high-rise developments is expected to drive the expansion of the elevator modernization market in the coming years. High-rise developments are multi-story buildings, generally with more than 12 to 15 floors, built for residential, commercial, or mixed-use purposes. These structures emphasize vertical construction to optimize space in urban environments. The rise in high-rise buildings is fueled by rapid urbanization, which increases the need for space-efficient residential and commercial buildings in densely populated city centers. Elevator modernization plays a vital role in these developments by upgrading existing elevator systems to enhance speed, reliability, energy efficiency, and passenger safety, ensuring effective vertical transportation in crowded buildings. For example, the Council on Tall Buildings and Urban Habitat, a US-based non-profit organization, reported in January 2024 that 2023 saw a record number of tall building completions, with 185 buildings reaching 200 meters or taller, a 12.8% increase compared to 164 completions in 2022. Consequently, the rise in high-rise developments is driving the elevator modernization market.

Technological progress is fueling the adoption of smart elevator solutions in modernization projects. Key players in the elevator modernization market are developing advanced technologies such as smart elevators to boost operational efficiency and offer real-time monitoring and predictive maintenance features. Smart elevators utilize artificial intelligence (AI) and digital control systems to improve efficiency, safety, energy management, and user experience, offering capabilities like destination control, continuous monitoring, and predictive maintenance. For instance, in November 2024, Otis Electric, a US-based manufacturer, introduced the Otis Electric 7000, a smart elevator designed for both new construction and modernization efforts. This elevator features AI-powered cameras that detect trapped passengers, real-time 24/7 data reporting, automatic rescue functions, and adherence to the highest safety standards. The Otis Electric 7000 aims to boost reliability, enhance passenger experience, and improve operational efficiency for building owners and facility managers, demonstrating Otis's commitment to smart, connected elevator technologies.

In September 2024, H.I.G. Capital LLC, a US-based investment firm, acquired Action Elevator for $65 billion. Through this acquisition, H.I.G. Capital seeks to strengthen its investment portfolio, increase its presence in the elevator modernization industry, and create long-term value through operational enhancements and strategic growth. Action Elevator is a US-based company specializing in elevator modernization, focusing on upgrading existing elevator systems to enhance performance, safety, and efficiency.

Major players in the elevator modernization market are Hyundai Group, Hitachi Ltd., Mitsubishi Electric Corporation, Toshiba Corporation, Otis Worldwide Corporation, Schindler Holding Ltd., TK Elevator GmbH, KOHLER Elevator GmbH, Fujitec Co. Ltd., Wittur Holding GmbH, Kleemann GmbH, SJEC Corporation, KONE Corporation, Champion Elevator Corp., Delaware Elevator Inc., Delta Elevator Company Ltd., Liberty Elevator Corporation, Escon Elevators Private Limited, Mid-American Elevator Company Inc., and Stanley Elevator Company Inc.

North America was the largest region in the elevator modernization market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in elevator modernization report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the elevator modernization market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The elevator modernization market includes revenues earned by entities by providing services such as door system upgrades, interior cabin renovation, energy efficiency improvements, cabin interior refurbishment, and safety system enhancements. The market value includes the value of related goods sold by the service provider or included within the service offering. The elevator modernization market also consists of sales of products including traction machines and motors, safety components, door safety sensors, cab interiors, and signal fixtures. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Elevator Modernization Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on elevator modernization market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for elevator modernization ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The elevator modernization market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

• Markets Covered:1) By Type Of Modernization: Equipment Upgrades; Control System Enhancements; Safety Improvements; Aesthetic Renovations; Energy Efficiency Retrofits
• 2) By Elevator Type: Traction Elevator; Hydraulic Elevator
• 3) By Technology Integration: IoT-Enabled Elevators; Smart Control Systems; AI And Machine Learning Applications; Telematics And Monitoring Solutions; Energy Management Systems
• 4) By End-User Industry: Residential Buildings; Commercial Buildings; Industrial Facilities; Healthcare Institutions; Hospitality Sector
• Subsegments:
• 1) By Equipment Upgrades: Motors; Gearboxes; Door Operators; Brake Systems
• 2) By Control System Enhancements: Microprocessor Controllers; Variable Voltage Variable Frequency (VVVF) Drives; Call Dispatch Systems; Remote Monitoring Units
• 3) By Safety Improvements: Emergency Alarm Systems; Overspeed Governors; Buffer Springs; Interlocks
• 4) By Aesthetic Renovations: Cabin Interiors; Fixtures And Panels; Lighting Systems; Flooring And Wall Panels
• 5) By Energy Efficiency Retrofits: Regenerative Drives; LED Lighting; Sleep Mode Controllers; Energy-Efficient Motors
• Companies Mentioned: Hyundai Group; Hitachi Ltd.; Mitsubishi Electric Corporation; Toshiba Corporation; Otis Worldwide Corporation; Schindler Holding Ltd.; TK Elevator GmbH; KOHLER Elevator GmbH; Fujitec Co. Ltd.; Wittur Holding GmbH; Kleemann GmbH; SJEC Corporation; KONE Corporation; Champion Elevator Corp.; Delaware Elevator Inc.; Delta Elevator Company Ltd.; Liberty Elevator Corporation; Escon Elevators Private Limited; Mid-American Elevator Company Inc.; Stanley Elevator Company Inc.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery Format: PDF, Word and Excel Data Dashboard.

Table of Contents

1. Executive Summary

2. Elevator Modernization Market Characteristics

3. Elevator Modernization Market Trends And Strategies

4. Elevator Modernization Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

• 4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Elevator Modernization Growth Analysis And Strategic Analysis Framework

• 5.1. Global Elevator Modernization PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
• 5.2. Analysis Of End Use Industries
• 5.3. Global Elevator Modernization Market Growth Rate Analysis
• 5.4. Global Elevator Modernization Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
• 5.5. Global Elevator Modernization Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
• 5.6. Global Elevator Modernization Total Addressable Market (TAM)

6. Elevator Modernization Market Segmentation

• 6.1. Global Elevator Modernization Market, Segmentation By Type Of Modernization, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• Equipment Upgrades
• Control System Enhancements
• Safety Improvements
• Aesthetic Renovations
• Energy Efficiency Retrofits
• 6.2. Global Elevator Modernization Market, Segmentation By Elevator Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• Traction Elevator
• Hydraulic Elevator
• 6.3. Global Elevator Modernization Market, Segmentation By Technology Integration, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• IoT-Enabled Elevators
• Smart Control Systems
• AI And Machine Learning Applications
• Telematics And Monitoring Solutions
• Energy Management Systems
• 6.4. Global Elevator Modernization Market, Segmentation By End-User Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• Residential Buildings
• Commercial Buildings
• Industrial Facilities
• Healthcare Institutions
• Hospitality Sector
• 6.5. Global Elevator Modernization Market, Sub-Segmentation Of Equipment Upgrades, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• Motors
• Gearboxes
• Door Operators
• Brake Systems
• 6.6. Global Elevator Modernization Market, Sub-Segmentation Of Control System Enhancements, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• Microprocessor Controllers
• Variable Voltage Variable Frequency (VVVF) Drives
• Call Dispatch Systems
• Remote Monitoring Units
• 6.7. Global Elevator Modernization Market, Sub-Segmentation Of Safety Improvements, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• Emergency Alarm Systems
• Overspeed Governors
• Buffer Springs
• Interlocks
• 6.8. Global Elevator Modernization Market, Sub-Segmentation Of Aesthetic Renovations, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• Cabin Interiors
• Fixtures And Panels
• Lighting Systems
• Flooring And Wall Panels
• 6.9. Global Elevator Modernization Market, Sub-Segmentation Of Energy Efficiency Retrofits, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• Regenerative Drives
• Led Lighting
• Sleep Mode Controllers
• Energy-Efficient Motors

7. Elevator Modernization Market Regional And Country Analysis

• 7.1. Global Elevator Modernization Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 7.2. Global Elevator Modernization Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Elevator Modernization Market

• 8.1. Asia-Pacific Elevator Modernization Market Overview
• Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
• 8.2. Asia-Pacific Elevator Modernization Market, Segmentation By Type Of Modernization, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 8.3. Asia-Pacific Elevator Modernization Market, Segmentation By Elevator Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 8.4. Asia-Pacific Elevator Modernization Market, Segmentation By Technology Integration, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Elevator Modernization Market

• 9.1. China Elevator Modernization Market Overview
• 9.2. China Elevator Modernization Market, Segmentation By Type Of Modernization, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
• 9.3. China Elevator Modernization Market, Segmentation By Elevator Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
• 9.4. China Elevator Modernization Market, Segmentation By Technology Integration, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Elevator Modernization Market

• 10.1. India Elevator Modernization Market, Segmentation By Type Of Modernization, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 10.2. India Elevator Modernization Market, Segmentation By Elevator Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 10.3. India Elevator Modernization Market, Segmentation By Technology Integration, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Elevator Modernization Market

• 11.1. Japan Elevator Modernization Market Overview
• 11.2. Japan Elevator Modernization Market, Segmentation By Type Of Modernization, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 11.3. Japan Elevator Modernization Market, Segmentation By Elevator Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 11.4. Japan Elevator Modernization Market, Segmentation By Technology Integration, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Elevator Modernization Market

• 12.1. Australia Elevator Modernization Market, Segmentation By Type Of Modernization, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 12.2. Australia Elevator Modernization Market, Segmentation By Elevator Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 12.3. Australia Elevator Modernization Market, Segmentation By Technology Integration, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Elevator Modernization Market

• 13.1. Indonesia Elevator Modernization Market, Segmentation By Type Of Modernization, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 13.2. Indonesia Elevator Modernization Market, Segmentation By Elevator Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 13.3. Indonesia Elevator Modernization Market, Segmentation By Technology Integration, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Elevator Modernization Market

• 14.1. South Korea Elevator Modernization Market Overview
• 14.2. South Korea Elevator Modernization Market, Segmentation By Type Of Modernization, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 14.3. South Korea Elevator Modernization Market, Segmentation By Elevator Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 14.4. South Korea Elevator Modernization Market, Segmentation By Technology Integration, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Elevator Modernization Market

• 15.1. Western Europe Elevator Modernization Market Overview
• 15.2. Western Europe Elevator Modernization Market, Segmentation By Type Of Modernization, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 15.3. Western Europe Elevator Modernization Market, Segmentation By Elevator Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 15.4. Western Europe Elevator Modernization Market, Segmentation By Technology Integration, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Elevator Modernization Market

• 16.1. UK Elevator Modernization Market, Segmentation By Type Of Modernization, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 16.2. UK Elevator Modernization Market, Segmentation By Elevator Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 16.3. UK Elevator Modernization Market, Segmentation By Technology Integration, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Elevator Modernization Market

• 17.1. Germany Elevator Modernization Market, Segmentation By Type Of Modernization, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 17.2. Germany Elevator Modernization Market, Segmentation By Elevator Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 17.3. Germany Elevator Modernization Market, Segmentation By Technology Integration, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Elevator Modernization Market

• 18.1. France Elevator Modernization Market, Segmentation By Type Of Modernization, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 18.2. France Elevator Modernization Market, Segmentation By Elevator Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 18.3. France Elevator Modernization Market, Segmentation By Technology Integration, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Elevator Modernization Market

• 19.1. Italy Elevator Modernization Market, Segmentation By Type Of Modernization, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 19.2. Italy Elevator Modernization Market, Segmentation By Elevator Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 19.3. Italy Elevator Modernization Market, Segmentation By Technology Integration, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Elevator Modernization Market

• 20.1. Spain Elevator Modernization Market, Segmentation By Type Of Modernization, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 20.2. Spain Elevator Modernization Market, Segmentation By Elevator Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 20.3. Spain Elevator Modernization Market, Segmentation By Technology Integration, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Elevator Modernization Market

• 21.1. Eastern Europe Elevator Modernization Market Overview
• 21.2. Eastern Europe Elevator Modernization Market, Segmentation By Type Of Modernization, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 21.3. Eastern Europe Elevator Modernization Market, Segmentation By Elevator Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 21.4. Eastern Europe Elevator Modernization Market, Segmentation By Technology Integration, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Elevator Modernization Market

• 22.1. Russia Elevator Modernization Market, Segmentation By Type Of Modernization, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 22.2. Russia Elevator Modernization Market, Segmentation By Elevator Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 22.3. Russia Elevator Modernization Market, Segmentation By Technology Integration, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Elevator Modernization Market

• 23.1. North America Elevator Modernization Market Overview
• 23.2. North America Elevator Modernization Market, Segmentation By Type Of Modernization, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 23.3. North America Elevator Modernization Market, Segmentation By Elevator Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 23.4. North America Elevator Modernization Market, Segmentation By Technology Integration, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Elevator Modernization Market

• 24.1. USA Elevator Modernization Market Overview
• 24.2. USA Elevator Modernization Market, Segmentation By Type Of Modernization, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 24.3. USA Elevator Modernization Market, Segmentation By Elevator Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 24.4. USA Elevator Modernization Market, Segmentation By Technology Integration, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Elevator Modernization Market

• 25.1. Canada Elevator Modernization Market Overview
• 25.2. Canada Elevator Modernization Market, Segmentation By Type Of Modernization, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 25.3. Canada Elevator Modernization Market, Segmentation By Elevator Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 25.4. Canada Elevator Modernization Market, Segmentation By Technology Integration, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Elevator Modernization Market

• 26.1. South America Elevator Modernization Market Overview
• 26.2. South America Elevator Modernization Market, Segmentation By Type Of Modernization, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 26.3. South America Elevator Modernization Market, Segmentation By Elevator Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 26.4. South America Elevator Modernization Market, Segmentation By Technology Integration, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Elevator Modernization Market

• 27.1. Brazil Elevator Modernization Market, Segmentation By Type Of Modernization, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 27.2. Brazil Elevator Modernization Market, Segmentation By Elevator Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 27.3. Brazil Elevator Modernization Market, Segmentation By Technology Integration, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Elevator Modernization Market

• 28.1. Middle East Elevator Modernization Market Overview
• 28.2. Middle East Elevator Modernization Market, Segmentation By Type Of Modernization, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 28.3. Middle East Elevator Modernization Market, Segmentation By Elevator Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 28.4. Middle East Elevator Modernization Market, Segmentation By Technology Integration, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Elevator Modernization Market

• 29.1. Africa Elevator Modernization Market Overview
• 29.2. Africa Elevator Modernization Market, Segmentation By Type Of Modernization, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 29.3. Africa Elevator Modernization Market, Segmentation By Elevator Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
• 29.4. Africa Elevator Modernization Market, Segmentation By Technology Integration, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Elevator Modernization Market Competitive Landscape And Company Profiles

• 30.1. Elevator Modernization Market Competitive Landscape
• 30.2. Elevator Modernization Market Company Profiles
  • 30.2.1. Hyundai Group Overview, Products and Services, Strategy and Financial Analysis
  • 30.2.2. Hitachi Ltd. Overview, Products and Services, Strategy and Financial Analysis
  • 30.2.3. Mitsubishi Electric Corporation Overview, Products and Services, Strategy and Financial Analysis
  • 30.2.4. Toshiba Corporation Overview, Products and Services, Strategy and Financial Analysis
  • 30.2.5. Otis Worldwide Corporation Overview, Products and Services, Strategy and Financial Analysis

31. Elevator Modernization Market Other Major And Innovative Companies

• 31.1. Schindler Holding Ltd.
• 31.2. TK Elevator GmbH
• 31.3. KOHLER Elevator GmbH
• 31.4. Fujitec Co. Ltd.
• 31.5. Wittur Holding GmbH
• 31.6. Kleemann GmbH
• 31.7. SJEC Corporation
• 31.8. KONE Corporation
• 31.9. Champion Elevator Corp.
• 31.10. Delaware Elevator Inc.
• 31.11. Delta Elevator Company Ltd.
• 31.12. Liberty Elevator Corporation
• 31.13. Escon Elevators Private Limited
• 31.14. Mid-American Elevator Company Inc.
• 31.15. Stanley Elevator Company Inc.

32. Global Elevator Modernization Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Elevator Modernization Market

34. Recent Developments In The Elevator Modernization Market

35. Elevator Modernization Market High Potential Countries, Segments and Strategies

• 35.1 Elevator Modernization Market In 2029 - Countries Offering Most New Opportunities
• 35.2 Elevator Modernization Market In 2029 - Segments Offering Most New Opportunities
• 35.3 Elevator Modernization Market In 2029 - Growth Strategies
  • 35.3.1 Market Trend Based Strategies
  • 35.3.2 Competitor Strategies

36. Appendix

• 36.1. Abbreviations
• 36.2. Currencies
• 36.3. Historic And Forecast Inflation Rates
• 36.4. Research Inquiries
• 36.5. The Business Research Company
• 36.6. Copyright And Disclaimer